Binance to Launch Binance.US Trading By Tomorrow: BTC, BNB, ETH, XRP, BCH, LTC and USDT to Start
Binance, the largest crypto exchange in the world, has decided to launch its U. S. version tomorrow, September 24. Binance.US will be launched and will enable American traders to trade crypto for crypto and fiat for crypto in the platform.
Initially, trading for Bitcoin (BTC), Bitcoin Cash (BCH), Binance Coin (BNB), Ethereum (ETH), Ripple’s XRP, Litecoin (LTC) and Tether’s USDT are confirmed. Deposits for Basic Attention token (BAT), Stellar (XLM), Cardano (ADA), Ethereum Classic (ETC) and 0x were also revealed, so people will be able to trade these assets soon as well.
The original announcement of the platform happened last month, but only now it was properly revealed the day in which it will be online.
One of the goals right now is to be able to roll out all possible tokens which can be compliant with the U. S. laws. Curiously, the recently launched stablecoin created by Binance itself will probably not be considered compliant and won’t be launched in this regional platform.
Binance Is On A Global Expansion
There is no secret: Binance is expanding. After leaving China and going to Malta, AKA Crypto Island, the company was clearly moving towards a more global direction. First, it launched its services in the Island of Jersey, which is controlled by the British government. With this new platform, it was clear that Binance was aiming at providing services for Europe.
Now, it has decided to look to America as well. Its new stablecoin BUSD has been just approved by the New York Department of Financial Services (NYDFS) and the trading platform of the company is set to be launched this week. It seems that everything is properly aligning for the expansion to succeed.